Speaker 1: You're listening to bill Handle on demand from KFI AM
Speaker 1: six forty.
Speaker 2: KF I am a six forty bill handle here. December two,
Speaker 2: last month. Boy, this year has zipped by. We always
Speaker 2: say that, don't we. Oh my god, it's going so quickly.
Speaker 2: I can't believe where this year is gone. And there's
Speaker 2: an entire theory about that. Because when you were a kid,
Speaker 2: you know, remember when we left, you had three months
Speaker 2: off vacation.
Speaker 1: It seemed forever.
Speaker 2: Now three months goes by in a blink, because it's
Speaker 2: a percentage of how long you've lived.
Speaker 1: I think it is where three.
Speaker 2: Months, you know, just is done, and it's what percentage
Speaker 2: of your life is a year?
Speaker 3: Now?
Speaker 1: Okay, let's oh, here's what I want to talk about.
Speaker 1: This was big news.
Speaker 2: And Neil yesterday texted me seconds after I found out
Speaker 2: because I get alerts and you get alerts, and that
Speaker 2: is Joe Biden hunt pardon his son Hunter?
Speaker 1: And was I surprised?
Speaker 2: Yeah, because I actually believed Joe Biden when he said,
Speaker 2: under no circumstances will I pardon Hunter? Absolutely not. I
Speaker 2: mean he said it over and over again. Nope, not
Speaker 2: going to do it.
Speaker 1: Just is not going to happen. Of course he did it.
Speaker 2: Now and there's a question I have, and I'm going
Speaker 2: to ask this of Wayne coming up at eight thirty,
Speaker 2: do they have a case? Because Wayne understands this issue
Speaker 2: more than most. I mean, he happens to have been
Speaker 2: in the justice system, the criminal justice system of the
Speaker 2: Department of Justice for twenty eight years, and boy does
Speaker 2: he know his stuff. So what Joe Biden does is
Speaker 2: issue a full and unconditional pardon for Hunter. And the
Speaker 2: reason is that there was this legal cloud that has
Speaker 2: hungover Hunter for several years, and that in fact, the attack,
Speaker 2: the criminal attack, the judicial attack.
Speaker 1: On Hunter, was politically motivated.
Speaker 2: And here is where comparison is made with Hunter and
Speaker 2: President to be.
Speaker 1: Donald Trump.
Speaker 2: Donald Trump has always argued that his the attack on
Speaker 2: him has been politically motivated, that was it.
Speaker 1: He's done nothing wrong.
Speaker 2: The people in that overran the capital did nothing wrong,
Speaker 2: and he's gonna probably pardon the vast majority of them,
Speaker 2: as a matter of fact, certainly in a pardon the
Speaker 2: vast majority of them. Here is the problem is that
Speaker 2: if you want to give credibility, I can see where
Speaker 2: Donald Trump argues that he was attacked politically, and I
Speaker 2: think the severity of what Donald Trump did versus the
Speaker 2: severity of what Hunter.
Speaker 1: Biden did are night and day. But the argument that
Speaker 1: Trump was attacked politically holds water.
Speaker 2: The argument that Hunter was attacked politically, it was Biden's
Speaker 2: Department of Justice did this, his own Department of Justice
Speaker 2: that politically went after Hunter. I mean, really, now, why
Speaker 2: did they go after a Hunter? Well, I'm going to
Speaker 2: tell you what I feel about it is that President Biden,
Speaker 2: like most other presidents, there was a firewall between the
Speaker 2: presidency and the Department of Justice. There doesn't have to be,
Speaker 2: but that is simply procedure, and it's the way it's
Speaker 2: been for years and years. You stay out of it.
Speaker 2: The president does not tell the Department of Justice what
Speaker 2: to do in criminal cases. That's going to change completely
Speaker 2: come January twentieth and under that a special prosecutor was
Speaker 2: named because of the issue alone, the political issue as
Speaker 2: a matter of fact, under Merit gar Garland, and the
Speaker 2: entire argument that let's not make it political. A special
Speaker 2: prosecutor independent goes after Hunter Biden to prove the case.
Speaker 2: That is a huge difference, and so Biden saying this
Speaker 2: was a political attack.
Speaker 1: Of course, there were political attacks on Hunter.
Speaker 2: It was a huge political attack, but that was by
Speaker 2: the Republicans and it didn't have anything to do with
Speaker 2: a department going after Hunter Biden for crimes. He pled guilty.
Speaker 2: He pled guilty to tax evasion. He didn't pay one
Speaker 2: point four million dollars that he owed on taxes that
Speaker 2: he spent on cocaine and hookers and strippers, and I
Speaker 2: mean he has had riproaring good time or bad time.
Speaker 2: And then he was absolutely guilty of a gun infraction.
Speaker 2: He bought a gun and he put on the forum,
Speaker 2: I do not use drugs. I am not a drug user,
Speaker 2: and he clearly was. He admitted he was, and so
Speaker 2: they nabbed him on that. Now, how big a deal
Speaker 2: is that, Well, he had that gun for eleven days
Speaker 2: and it was never used in any crime at all,
Speaker 2: was never used for anything. And so the argument is
Speaker 2: he wouldn't have been tagged anyway with that, and the
Speaker 2: tax situation was pretty serious. But again here is the
Speaker 2: argument between the two, and that is that what Hunter
Speaker 2: Biden did, had he not been Joe Biden's son, he
Speaker 2: would not have been charged and it would be let
Speaker 2: go because people in the same position as he is
Speaker 2: guilty of the same crimes. Pleading guilty under the same
Speaker 2: circumstances would not be charged. Didn't matter because Dad went
Speaker 2: ahead and pardoned him unconditionally. This is why I'm going
Speaker 2: to ask Wayne this at eight thirty. Usually as do
Speaker 2: they have a case, and Wayne goes through the cases.
Speaker 2: But today I want to spend a segment talking about
Speaker 2: the legality here. Is any of this true? That Hunter Biden,
Speaker 2: but for being the President's son, would never be in
Speaker 2: the same position. And the President said in a lengthy
Speaker 2: statement the reason he's part of his son. I wish
Speaker 2: he had just said because he's my son. You know,
Speaker 2: that's the way it goes, you know, Arnold Schwarzenegger pardoned
Speaker 2: or commuted. That sends of Fabio Nunez, who was the
Speaker 2: head of the Assembly, who was Speaker of the Assembly
Speaker 2: of California, and he was now outright and he said, hey,
Speaker 2: I did it for a friend. It's that simple, you know. Okay,
Speaker 2: how do you argue with that? And I wish that
Speaker 2: Biden had said, hey, he's my son. I have the
Speaker 2: power to piden him, to pardon him. I don't want
Speaker 2: him to go to jail. And that's what I can do.
Speaker 1: You know, I would do the same for you if
Speaker 1: you or my son, but you're not. You know, it's
Speaker 1: real simple.
Speaker 2: You know, if my grandmother had balls, she'd be my grandfather,
Speaker 2: but she's not.
Speaker 1: It's that simple. Does that analogy work, by the way,
Speaker 1: I think it does.
Speaker 3: Well. You got to say balls, buddy, I did.
Speaker 1: I did balls to the wall.
Speaker 2: So anyway this ends up with complete hypocrisy. I can
Speaker 2: see him doing it. I would probably do the same
Speaker 2: thing for my kid, except just be honest about it,
Speaker 2: say hey, too bad, it's my kid and he has balls.
Speaker 1: I would do the same for my daughter who doesn't.
Speaker 2: There is a guy by the name of John Collins, Black,
Speaker 2: very interesting guy, and he early on got involved in
Speaker 2: bitcoin when it was pennies, and obviously he's got a
Speaker 2: ton of money, and he's been a lifelong fantasy guy, games,
Speaker 2: dungeons and dragons, all of that since childhood. And so
Speaker 2: by twenty fifteen is a musician, successful entrepreneur, successful, looking
Speaker 2: for a.
Speaker 1: Change of pace.
Speaker 2: And he said, I want to do a project and
Speaker 2: I want to connect with my younger imagination. I want
Speaker 2: to go back to when I was basically a kid.
Speaker 2: So he was motive motivated by a treasure hunt launched
Speaker 2: in twenty twenty by Forest fen and Forest Finn published
Speaker 2: all the clues of this treasure hunt, and obviously they
Speaker 2: were obscure enough where it took some real real doing.
Speaker 1: By the way, I don't know if that was found.
Speaker 1: Do we know if that was found?
Speaker 2: The story doesn't say if the original single chest hidden
Speaker 2: in the Rocky Mountains. Multiple groups of people went across
Speaker 2: the country trying to figure this out. In the Rocky
Speaker 2: Mountains it was I guess it was found and someone
Speaker 2: picked up a million dollars. Well what this guy does,
Speaker 2: Collins Black says, Okay, first of all, I want a
Speaker 2: bunch of chests, so he five is what he produced,
Speaker 2: and that's to give in different parts of the country,
Speaker 2: and people know which part of the country a chest
Speaker 2: is in.
Speaker 1: And what he.
Speaker 2: Did is he produced there's measure inside and it is
Speaker 2: a book, very clever. And what he does it's even
Speaker 2: to entertain people who aren't looking for the treasure. It's
Speaker 2: supposedly that good.
Speaker 1: I haven't read enough about it.
Speaker 2: But and this is the CNN story, The Treasure Box,
Speaker 2: the five boxes containing sixty five rare items weird it's
Speaker 2: not just money, gold and precious metals, and just what
Speaker 2: he thought were kinds of treasures that people would go for,
Speaker 2: and what are they. It's really interesting as to what
Speaker 2: he has decided. First of all, it's a custom design
Speaker 2: puzzle box, and I'm looking at it, and there are
Speaker 2: instructions for unlocking.
Speaker 1: The box itself.
Speaker 2: And each chapter of the book contains clues leading to
Speaker 2: one of the five chests, and he says, anyone can
Speaker 2: find the treasure. All the clues you need are in
Speaker 2: the book. And to make sure there were no leaks,
Speaker 2: he worked with very few strategists and editors to avoid
Speaker 2: any leaks. He wouldn't tell his wife where the treasures were.
Speaker 2: He said, I couldn't consult with other people because I
Speaker 2: didn't want them to have the burden of knowing.
Speaker 1: And so there was no clear blueprint for doing this.
Speaker 2: So he experimented through trial and error, and he was
Speaker 2: programming the difficulty of the clues. It's almost like the
Speaker 2: New York Times crossword puzzle section, where on Monday.
Speaker 1: It's fairly easy, and then it gets more and more.
Speaker 2: Difficult, and by Sunday, very few people can figure out
Speaker 2: the entire puzzle.
Speaker 1: By the way.
Speaker 2: Just an aside. Bill Clinton huge puzzle fan. He does
Speaker 2: crossword puzzles like crazy. John Stewart another one who is
Speaker 2: absolutely nuts about crossword puzzles.
Speaker 1: But back to this story.
Speaker 2: And there's treasure inside this book has already created this
Speaker 2: huge buzz, thousands of participants gathering on discussion channels to
Speaker 2: share their their theories. Some are convinced they've pinpointed the
Speaker 2: states where their treasure is located. Uh and he said,
Speaker 2: there's no dangerous underwater explanation, there's no climbing, there's no
Speaker 2: entering private property, and anyone of average health can travel
Speaker 2: to the sites.
Speaker 1: No digging.
Speaker 2: He said, I want the treasure to hunt to be demanding,
Speaker 2: and I do hope and think it may take a
Speaker 2: little while, but I don't want this to take forever.
Speaker 2: And if they are not found for several years, he
Speaker 2: will then release additional clues or.
Speaker 1: Maybe even a sequel to his book. Ah ha, there's
Speaker 1: as madness to his method.
Speaker 2: To his madness, oress to his method, well said, thank you.
Speaker 2: There's a sapphire and diamond brooch earned by that was
Speaker 2: worn by Jackie Kennedy during her time in.
Speaker 1: The White House.
Speaker 2: What he did Colins Black has meticulously curated the treasures
Speaker 2: to create a wide range of interests. So what Colins
Speaker 2: Black did is attend a bunch of auctions until he
Speaker 2: created this one of a kind collections. And he financed
Speaker 2: those pieces because they weren't cheap with money he made
Speaker 2: from bitcoin.
Speaker 1: So what does he have in there?
Speaker 2: Rare Pokemon cards, a ship wrecked bounty, sports memorabilia, gold
Speaker 2: precious metals, items owned or made by Pablo Picasso, George Washington,
Speaker 2: items owned by George Washington, Amelia Earhart, and a bunch
Speaker 2: of money, gold coins, etc. And the only item on
Speaker 2: his wish lists that he couldn't get, as he describes it,
Speaker 2: was one of Albert Einstein's pipes, which he lost in
Speaker 2: a bidding war. Other than that, he got everything he wanted.
Speaker 2: And I am so impressed with his thinking because the
Speaker 2: combined prize value is more than two million dollars. Now
Speaker 2: is he going to publish more than two million books?
Speaker 2: Look at the publicity.
Speaker 1: That he is getting. For example, there was an entire
Speaker 1: segment on this show.
Speaker 2: That's not to say zillions of people listening to this show,
Speaker 2: but certainly you've got well, you used to have over
Speaker 2: a million listening to the show, and then it went
Speaker 2: down to several hundred thousand, and then it went down
Speaker 2: to about seventy thousand. So for all four of you
Speaker 2: that are still listening to this show, the book is
Speaker 2: called There's Treasure Inside, and you too can go for
Speaker 2: two million dollar. Well actually it's over five items, so
Speaker 2: no one's going to get all five. It's if you
Speaker 2: break it down, it's half a million dollars. That's kind
Speaker 2: of fun, isn't it.
Speaker 1: The treasure hunt.
Speaker 3: I would do that if I had the money. Yeah,
Speaker 3: my wife would not be happy about it.
Speaker 1: But that's true.
Speaker 4: That's what I think money is for, to do interesting things.
Speaker 1: That's why he.
Speaker 2: Did this, because he's made enough money and he goes, now,
Speaker 2: I want to do something interesting.
Speaker 1: We're not talking about playing golf or lolling at the beach.
Speaker 2: He's going back to the time that he was a
Speaker 2: kid and was really into these puzzle games. Good for him,
Speaker 2: Good for him. Now a little bit of history that
Speaker 2: I want to share with you, and that is toys,
Speaker 2: toy giving and what do you do for Christmas for
Speaker 2: your kids or Hanukkah? And if you look at the
Speaker 2: toys and there were it toys, coveted toys that when
Speaker 2: they become it's real problem for the toy industry because
Speaker 2: all of these toy retailers.
Speaker 1: Order months and months in advance, and what do you
Speaker 1: I was going to hit or not.
Speaker 2: So today they're sparkly, they're squeezable, they're electronic. But if
Speaker 2: you go back, let's start with the nineteen fifties, the
Speaker 2: hula hoop and the kushball. Now I never had a cushball,
Speaker 2: but I've had everything else. The hula hoop, you know,
Speaker 2: it's been around forever. And Whammo Fun Company, I mean
Speaker 2: just completely crazy company. It came out with it out
Speaker 2: of plastic, and all of a sudden they were selling
Speaker 2: millions of them. Everybody had win in the country. In
Speaker 2: nineteen fifty two, mister potato Head came out and I
Speaker 2: followed a year later by missus potato Head.
Speaker 1: And I remember having one of these, and it.
Speaker 2: Turned out they were Originally you actually used a potato
Speaker 2: and you would put the nose in the ears.
Speaker 1: And plug them in.
Speaker 2: And then they went to plastic, and then they become
Speaker 2: no fun at all because potatoes are much more fun.
Speaker 2: You know, different shapes and you can pretend you've got
Speaker 2: an elephant, man and potato depending on the size of
Speaker 2: the head, et cetera. Lincoln logs and matchbox cars came
Speaker 2: out in the fifties.
Speaker 1: Play dough came out.
Speaker 2: In the fifties. Who didn't have play dough if you
Speaker 2: were a kid in the fifties. Here's a little sidebar story.
Speaker 2: Plato was invented in nineteen thirties as a wallpaper cleaner
Speaker 2: until someone discovered oh.
Speaker 1: Boy, playto.
Speaker 2: And then in nineteen fifty nine there was a teenage
Speaker 2: fashion model doll called Barbie, which may very well be
Speaker 2: considered the icon certainly the iconic doll, and maybe the
Speaker 2: iconic toy of the time. Also in the nineteen fifties
Speaker 2: or this nineteen sixties. Now, remember the easy bake oven.
Speaker 2: The easy bake oven was a toy oven that you
Speaker 2: could actually bake little cakes, I mean for real, and
Speaker 2: the heat was provided by a light bulb, a light bulb,
Speaker 2: and you could actually bake something with it. Today you
Speaker 2: can't do that because you don't have incandescent lights. All
Speaker 2: you have is led lights. And if you try to
Speaker 2: bake a little bit, a little tiny cake in an
Speaker 2: easy bake oven today, you're baking for eight months and
Speaker 2: it still hasn't finished cooking.
Speaker 1: Remember etch a sketch and the light bright etch a sketch?
Speaker 1: I remember it.
Speaker 2: That was almost impossible to do an etch of sketch
Speaker 2: with any round roundness to it. You could do straight
Speaker 2: lines with an etch of sketch.
Speaker 3: Yeah, you can't do circles.
Speaker 4: It's people actually could Well, you could do something that
Speaker 4: might resemble one.
Speaker 3: Yeah, it's still kind of.
Speaker 2: But yeah, if you don't know what etcha sketch is,
Speaker 2: look it up, you know, go ahead.
Speaker 1: And google it.
Speaker 2: And Hot Wheel debuted nineteen sixty eight. I didn't know
Speaker 2: that long ago. I was not a Hot Wheels guy
Speaker 2: because I'm not a car guy. But these little realistic
Speaker 2: built to scale and it started with Camaros and Munstangs
Speaker 2: and firebirds, and then they came out with everything. Nineteen
Speaker 2: seventy seven Pong. Remember Pong, one of the earliest electronic games.
Speaker 2: When you look at it and you go, really, this
Speaker 2: was the start of video games. Atari went big in
Speaker 2: nineteen seventy seven. That was the first home gaming console.
Speaker 2: It cost about two hundred dollars then, which is about
Speaker 2: one thousand dollars in today's currency. So someone some kid
Speaker 2: getting an atari, some parent or uncle or grandparent spend
Speaker 2: a thousand bucks on it.
Speaker 1: The equivalent there was the nerf ball. I remember those shrinky,
Speaker 1: shrinking dinks.
Speaker 2: I'm not even go into that, because I will I
Speaker 2: misconstrued that one hundred percent shrinking dinks. I thought it
Speaker 2: had to do with weather when it's cold, and I'm
Speaker 2: just not interested in explaining that. I do remember the
Speaker 2: pet rock, Now, that was marketing genius. Somebody came up
Speaker 2: with taking a box and putting straw in it and
Speaker 2: putting in a rock, and then instructions on how to
Speaker 2: feed your rock, and how to take care of your rock,
Speaker 2: and how to be emotionally connected to your rock.
Speaker 1: And it sold in the millions.
Speaker 2: I think it was an advertising guy that came up
Speaker 2: with that, if I'm not mistaken. Speak and Spell that
Speaker 2: was Texas Instruments, and it was one of the first
Speaker 2: predictive coding speech synthesizer. And the language was with this
Speaker 2: talky robotic twist because early days voice were very robotic. Today,
Speaker 2: of course, man, I got I'm getting these scam calls
Speaker 2: that look that sounds so good that you know you answer,
Speaker 2: I don't understand you know somebody who pitched something I
Speaker 2: don't understand. Oh you don't understand, well, let me explain
Speaker 2: it again. This is a this is an algorithm that's
Speaker 2: doing that.
Speaker 1: So I answered space spam calls. Hopefully I can talk
Speaker 1: to someone.
Speaker 2: So Star Wars action figures that was the earliest, earliest.
Speaker 2: This is George, George Lucas and his genius. Not only
Speaker 2: a brilliant, brilliant filmmaker. By the way, he would take
Speaker 2: a year to write his movies, a year to write
Speaker 2: those Star Wars movies, and then he would direct them.
Speaker 2: And then he discovered early took a wild guess before
Speaker 2: the movie was released. He cut deals for action figures
Speaker 2: and tie ins before anyone else did that, and the
Speaker 2: Star Wars action figures after the nineteen seventy seven release
Speaker 2: of the original Star Wars went completely crazy. The Rubik's
Speaker 2: Cube came out nineteen eighty and it was a Hungarian
Speaker 2: architecture professor who invented in nineteen seventy four. Then, for
Speaker 2: you little girls or you little boys who think they're
Speaker 2: little girls, my little pony pound puppies care bears. Remember
Speaker 2: the craziness with Cabbage Patch kids where mothers would get
Speaker 2: into fist fights over cabbage patch kids and.
Speaker 1: They were going for hundreds and hundreds of dollars.
Speaker 2: Chia pets were great where you could actually grow animal figurines.
Speaker 2: My favorite was a bald figuring that you planted these
Speaker 2: little seeds and then you had this hair of grass.
Speaker 2: I was big on thatchia yep. I remember that commercial
Speaker 2: the Tamago cheese. The Tamaguccies Beanie Babies was another one
Speaker 2: of those where for some reason, limited edition beanie babies
Speaker 2: went for hundreds, sometimes thousands of dollars. An artificial market
Speaker 2: was created Ferbies, which created an entire group of mentally
Speaker 2: ill people who think they are ferbies, dressed like ferbies
Speaker 2: and their world is furbies.
Speaker 1: I want you to go to for those of you
Speaker 1: that do.
Speaker 2: That and you're looking for a job, go into the
Speaker 2: job interview dressed as a Ferbie and see how well
Speaker 2: that works out for you. And people spend thousands of
Speaker 2: dollars on these costumes. I mean, and there's a whole cause,
Speaker 2: there's a whole cosplay thing, Pokemon trading cards, PlayStation two,
Speaker 2: Xbox three sixty of course, the Razor scooter. I had
Speaker 2: one of those.
Speaker 1: Juju pets. I think it is that a panda. I
Speaker 1: don't know. I remember brats, those little dolls that talk
Speaker 1: back to.
Speaker 3: You, And didn't you call that your daughters?
Speaker 2: I pretty well do. And so some of these toys
Speaker 2: are just great fun. And these are the classics, and
Speaker 2: some of them are still around. I think easy bake
Speaker 2: ovens are kind of finished. Maybe they have a quartz
Speaker 2: filament that the kids put their hands in and get
Speaker 2: their degree burns when they're cooking.
Speaker 1: I don't know.
Speaker 2: All right, So there's a story now, because well it's
Speaker 2: the holiday season and gifts are to be made and
Speaker 2: shoppers are to be shopping, and more shoppers than ever
Speaker 2: are on track to use the buy now, pay later plans.
Speaker 2: You know, isn't that the same as a credit card
Speaker 2: payment where you pay it later. Well, there's a little
Speaker 2: bit of difference, and more people are doing that because
Speaker 2: inflation has hit.
Speaker 1: It's not there anymore.
Speaker 2: But there's already record high prices and record high credit
Speaker 2: card debt because much like credit card debt, if you
Speaker 2: put off or you buy products with plastic or on
Speaker 2: a layaway plan.
Speaker 1: You're not paying for it right now. You pay for
Speaker 1: it later.
Speaker 2: And here is the rub And here is why the
Speaker 2: critics are saying this is a bad idea, because one,
Speaker 2: you're putting it on your credit card, you know, buy now,
Speaker 2: pay later plans. Well, they mean that you don't have
Speaker 2: the money. Now, if you have the money, you'd go
Speaker 2: in and buy the product. Or what's happening is if
Speaker 2: you have the money, you stretch it out and buy
Speaker 2: more products, you put them on credit cards, and you
Speaker 2: get hit both late payments if your credit card is
Speaker 2: maxed out, huge interest on your credit card, and you
Speaker 2: get all these late payments and penalties on the layaway
Speaker 2: plane itself from the retailer. And I'm thinking, this isn't
Speaker 2: a whole lot different than straight out credit card debt,
Speaker 2: except they say it's no interest, okay, until.
Speaker 1: You miss payments, and then it starts to add up.
Speaker 2: And to qualify, you don't need credit, you just qualify
Speaker 2: and it's soft credit. You've already have a credit card,
Speaker 2: and they don't care. They're not going to say you've
Speaker 2: maxed out. They just don't care. And so it's easier
Speaker 2: to do this now layaway plans. I remember as a kid,
Speaker 2: this was before the advent of the ubiquity of credit cards.
Speaker 2: Where everybody uses credit cards. I use credit cards, but
Speaker 2: I pay mine off at the end of the month
Speaker 2: for two reasons. One is I don't spend that much
Speaker 2: on credit cards. I live under my means. And two,
Speaker 2: I make a good enough living that I'm able to
Speaker 2: pay them off. But a lot of it has to
Speaker 2: do with living within your means, which I have basically
Speaker 2: my entire adult life.
Speaker 1: And so it used to be the Layoway plans. You
Speaker 1: would go to a store and.
Speaker 2: You'd pick out an item, and you would put a
Speaker 2: given amount of money down, real cash, not borrowed money,
Speaker 2: and six months later, when you've made six payments over
Speaker 2: this thing and that was the.
Speaker 1: Cost, you take it home. It was a true Layoway plan.
Speaker 2: You paid for it with real cash. The retailer got
Speaker 2: the money up front for six months or eight months
Speaker 2: or three months, and then you got the product. Well,
Speaker 2: today it's you get the product now, and you pay
Speaker 2: for it over spell of months and you use your
Speaker 2: credit card usually and you are at risk. Hey, you're
Speaker 2: at risk anyway. You know, the bottom line is just
Speaker 2: be responsible and what you buy.
Speaker 1: And I know it's hard not to.
Speaker 2: I know when you have kids, g Dad, I'd really
Speaker 2: like this, and I didn't have that problem as a kid.
Speaker 2: I would get you know, was Honica time ago. G Dad,
Speaker 2: here's a list of what I'd like, and I'd get
Speaker 2: a stick. Here, go play with this. It's a branch.
Speaker 2: So of course I went the other way. And when
Speaker 2: my kids were little, I got them way too much.
Speaker 1: And now no, no, not a chance.
Speaker 2: What I say now is, hey, remember when I got
Speaker 2: you fourteen, when you were fourteen years old, that was
Speaker 2: your Hanukkah present for the next fifteen years. Much easier.
Speaker 2: So I don't use this. And I'm going to suggest
Speaker 2: that you'd be really careful about these, because not only
Speaker 2: are you going to be in debt to the retailer,
Speaker 2: to the people that sold it to you, but also
Speaker 2: if you use a credit card, it's going to be
Speaker 2: a double hit.
Speaker 1: And it's happening.
Speaker 2: More and more and more. The firm Adobe Analytics Well
Speaker 2: regarded forecasts that from the period November one to December
Speaker 2: thirty one, eighteen and a half billion dollars worth of
Speaker 2: goods will be people will use the pay now, buy now,
Speaker 2: pay later program.
Speaker 1: You just got to be really really careful.
Speaker 2: But then you have to be really really careful anyway KFI.
Speaker 1: AM six forty live everywhere on the iHeartRadio app. You've
Speaker 1: been listening to the Bill Handle Show.
Speaker 2: Catch My Show Monday through Friday, six am to nine am,
Speaker 2: and anytime on demand on the iHeartRadio app.